Work Here?
Industries
AI & Machine Learning
Financial Services
Company Size
51-200
Company Stage
Series A
Total Funding
$4.5M
Headquarters
Bristol, United Kingdom
Founded
2011
Sift provides a platform focused on detecting and preventing online fraud in real-time, catering to clients in e-commerce, fintech, and digital marketplaces. The platform utilizes machine learning and artificial intelligence to analyze large datasets, allowing it to identify fraudulent activities effectively. One of its standout features is dynamic friction, which ensures that genuine users have a smooth experience while preventing fraudsters from accessing services. Sift's revenue model is based on subscription fees that depend on transaction volume and service levels, and it also offers additional services like chargeback management and dispute resolution. The company's goal is to enhance digital trust and safety for businesses by providing them with actionable insights to make informed decisions.
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$4.5M
Below
Industry Average
Funded Over
6 Rounds
Industry standards
Southern California startup Sift raised $17.5 million in a Series A funding round led by Google Ventures. Announced on June 25, the investment will help Sift expand its staff and accelerate the development of its platform, which aids engineers in analyzing hardware sensor data. Sift's automated data review product generates reports to highlight potential issues, benefiting industries like aviation, defense, energy, and transportation.
Biometric authentication innovator eliminates password-based account takeover and enables PSD2 Strong Customer Authentication while preserving user privacy
With the increase of digital transacting over the past year, cybercriminals have been having a field day.
This Deep Dive explores how restaurants are using innovative dining and ordering technology to satisfy customer needs amid the COVID-19 pandemic.
This Deep Dive examines how the increased use of mobile apps has led to a rise in friendly fraud and how AI and machine learning can help fight it.
Find jobs on Simplify and start your career today
Industries
AI & Machine Learning
Financial Services
Company Size
51-200
Company Stage
Series A
Total Funding
$4.5M
Headquarters
Bristol, United Kingdom
Founded
2011
Find jobs on Simplify and start your career today